Raft updates the compensation proposal for hacking incidents and expands the eligibility criteria for compensation
Raft has updated its hacker incident compensation proposal, expanding the eligibility criteria to adapt to various situations, ensuring that all affected users receive the maximum degree of fairness and justice, and 3,963,192.62 DAI in the stability module (PSM) will be distributed to users affected by the incident.
The updated eligibility criteria are: 1. Holding requirements: R tokens (idle, RR, or LP tokens) must be held as of the snapshot time. R buyers before the announcement on November 11, 2023 have also been considered. 2. Trading activity restrictions: If no R was involved before the exploit, but any R transactions were conducted after the exploit, they will be excluded from the compensation plan. 3. Special situation of MEXC users: Users holding R in MEXC must provide proof that they purchased these tokens before the attack date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Non-USD stablecoins may boost global e-commerce adoption
Stablecoin trading hits $1.8T in November
Vancouver mayor proposes adding Bitcoin to city reserves
Ex-Fortnite player linked to $3.5M memecoin scams